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Do the funnel and phase gate approach apply all programs?

Do the funnel and phase gate approach apply all programs?

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A funnel approach is adopted to eliminate the weak projects and help on focusing only on projects that have high chances of success on the other hand the phase gate approach or stage gate approach is a technique used in project management where a project is divided into various stages based on decision points, at each stage decisions are made on future forecast, associated risk, availability of resources like men, material, money etc. these approach are mainly used in case of new project selection and new product development where the risk of doing new project is high and the manager needs to focus on the organizational goal that is to satisfy both the consumer and the investors. so these two approach are generally preferred while performing new projects so that an appropriate project can be selected that gives the desired return.

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